General Motors (NYSE: GM) and Samsung SDI announced today they plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States. The plant will have more than 30 GWh of capacity and will bring GM’s total U.S. battery cell capacity to about 160 GWh when it is at full production in ~2026. The companies plan to jointly operate the facility, and it is projected to have production lines to build nickel-rich prismatic and cylindrical cells.
“It is a great pleasure to take the very first step to create a long-term industry-leading partnership with GM in the U.S. EV market,” remarked Samsung SDI President and CEO Yoon-ho Choi. “We will do our best to provide the products featuring the highest levels of safety and quality produced with our unrivaled technologies to help GM strengthen its leadership in the EV market.”
GM’s breakthrough Ultium Platform was strategically designed to accept multiple cell form factors and chemistries. In China, for example, the Cadillac LYRIQ is powered by prismatic cells applied to the same battery packs used in the US.
GM and Samsung SDI are not announcing the location of the plant or employment projections currently, however, the number of new jobs in construction and operations are expected to number in the thousands. As customer demand for EVs rises, GM will continue to scale its supply chain and operations, including cell production and vehicle assembly. Let the bidding war for taxpayer subsidies begin if it hasn’t already.
*Samsung SDI, headquartered in the Republic of Korea, is a battery and electronic material manufacturer. The company claims” to drive transformation and innovation to emerge as a ‘Creative Energy and Materials Solution Leader’ across the fields of e-mobility, energy solutions, as well as semiconductors and displays.” Samsung SDI has stated it will source 100% renewable electricity across its entire global operations by 2050. Samsung SDI
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
GM, Samsung SDI Announce New US Battery Cell Plant
General Motors (NYSE: GM) and Samsung SDI announced today they plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States. The plant will have more than 30 GWh of capacity and will bring GM’s total U.S. battery cell capacity to about 160 GWh when it is at full production in ~2026. The companies plan to jointly operate the facility, and it is projected to have production lines to build nickel-rich prismatic and cylindrical cells.
“It is a great pleasure to take the very first step to create a long-term industry-leading partnership with GM in the U.S. EV market,” remarked Samsung SDI President and CEO Yoon-ho Choi. “We will do our best to provide the products featuring the highest levels of safety and quality produced with our unrivaled technologies to help GM strengthen its leadership in the EV market.”
GM’s breakthrough Ultium Platform was strategically designed to accept multiple cell form factors and chemistries. In China, for example, the Cadillac LYRIQ is powered by prismatic cells applied to the same battery packs used in the US.
GM and Samsung SDI are not announcing the location of the plant or employment projections currently, however, the number of new jobs in construction and operations are expected to number in the thousands. As customer demand for EVs rises, GM will continue to scale its supply chain and operations, including cell production and vehicle assembly. Let the bidding war for taxpayer subsidies begin if it hasn’t already.
*Samsung SDI, headquartered in the Republic of Korea, is a battery and electronic material manufacturer. The company claims” to drive transformation and innovation to emerge as a ‘Creative Energy and Materials Solution Leader’ across the fields of e-mobility, energy solutions, as well as semiconductors and displays.” Samsung SDI has stated it will source 100% renewable electricity across its entire global operations by 2050. Samsung SDI
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.